Nomura: Memory Chip Demand to Keep Growing Rapidly Through 2028 as AI Investment Concerns Are Overdone
IT Home reported on October 25 that Nomura Securities issued an upbeat forecast on October 20, predicting that global memory chip demand would continue to grow rapidly through 2028 despite slowing revenue growth at AI companies and concerns about their financing prospects, according to South Korean outlet Chosunbiz. In its latest global memory chip industry report, Nomura named Samsung Electronics and SK hynix as top picks, assigning both “buy” ratings. It set price targets of 670,000 won for Samsung and 4.7 million won for SK hynix, equivalent to approximately 3,380 yuan and 23,712 yuan respectively at current exchange rates, IT Home noted. Nomura believes the market is overly concerned about AI investment…
Source: IT之家